Elia contemplates to update organisation


Elia contemplates to implement an internal reorganization project aiming at isolating and ring-fencing the Belgian regulated activities of Elia from its non-regulated activities.

This intention to change the group structure emanates from the new tariff methodology for 2020-2023 that includes a provision defining the impact on regulated tariffs of loans contracted to finance non-regulated activities of Elia (being all activities other than those regulated in Belgium).

In parallel, Elia’s board of directors has unanimously decided that an extraordinary shareholders’ meeting will be convened on 21 May 2019 to request the authorisation for the board of directors to increase the capital of Elia (authorised capital).

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